HUDCO’s tax-free bond issue to opens on September 17 - 2013

Housing and Urban Development Corporation’s (HUDCO)  tax-free bond issue to raise about Rs. 4,800 crore will open for subscription on 17 September, 2013.

The issue will close on October 14, 2013. The lender will offer coupon rate of 8.4 %, 8.51 % and 8.49 % for bonds with tenure of 10-year, 15-year and 20-year respectively.

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